According to the monitoring sample data of business agency, as of August 29, the average price of melamine enterprises was 8466.67 yuan / ton, an increase of 17.05% compared with the price on August 1, and a year-on-year decrease of 16.17% in a three-month cycle.

The melamine market rose in August, and the market atmosphere was weak near the end of the month. In the first ten days, the price of raw material urea fell, the cost support was general, the operating rate of melamine market fell to a low level, but the terminal operation was low, the procurement was based on demand, and the market negotiation focus was stable. In the middle and late ten days, the price of raw material urea increased slightly, the cost support was strengthened, the enterprises in some regions stopped or reduced production, the market supply was reduced, and the market price was supported. However, the downstream demand performance was flat, and the market mentality was still cautious. Near the end of the month, the operating rate of melamine was expected to increase, but the downstream demand was still weak, and the melamine market was stable and weak.

For upstream urea, the domestic urea market rose on August 29. On August 26, the reference price of urea was 2394.00, a decrease of 0.58% compared with August 1 (2408.00).

According to the melamine analyst of business association, the current raw material urea market is strong, with certain support from the cost side, and the market supply is expected to increase, but the demand side is flat, and the downstream purchasing enthusiasm is general. It is expected that in the short term, the melamine market will be under pressure, and more attention should be paid to market information and guidance.